EN
Poland’s entry into market economy and the lifting of administrative restrictions on land dealings created proper right conditions for the development of the farmland market. Being in large supply, the land owned by former statefarms resulted in the emergence of two farmland markets: a private-land market and a State Treasury-owned land market. In the market transactions in farmland in 1991 - 1999 three three-year periods can be distinguished. The first was characterised by a small-scale and stagnant turnover, the second - by highly animated transactions, and the third - by a steep slump. As a result of the slackening of market transactions in farmland and the deteriorating economic and productive condition of agriculture, prices of land are falling in private dealings, being still higher than the prices of Treasury-owned land.